Beyond GDP: Is there a law of one shadow price?
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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资源简介：
This paper builds a welfare measure encompassing household disposable income, unemployment and longevity, while using two different sets of “shadow prices” for non-income variables. The valuations of vital and unemployment risks estimated from life satisfaction data (“subjective shadow prices”) and those derived from model-based approaches and...
